Huo Xing Finance reports that on September 8, renowned trader Bonk Guy posted that in less than a week, his portfolio on Fomo retraced approximately $9 million from its peak. Last week, it peaked above $28.5 million and today dropped as low as $19 million—this is the side of trading no one likes to talk about. Everyone loves to showcase their winning trades; I turned nearly nothing into over $28 million over several months. But no one wants to share what happens when a portfolio drops $9 million in just a few days. Yet if you want to build generational wealth through trading, you must endure these swings. To achieve upside, you must survive the drawdowns—I’m completely unfazed by the pullback. I am fully confident my portfolio will hit new highs again, reaching $50 million and continuing to rise. The wins are real. The drawdowns are real. The volatility is real. And I’m still in the game.
Bonk Guy: Portfolio Set to Surpass $50M Despite $9M Drawdown
MarsBitShare
Bonk Guy revealed his FOMO portfolio dropped nearly $9 million in under a week, falling from $28.5 million to $19 million. He remains bullish, viewing volatility as a necessary part of long-term gains. Among altcoins to watch, his strategy focuses on enduring market swings to reach $50 million. He sees the drawdown as a test of discipline in a high-volatility market.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.